Vornado Realty Trust ($VNO) Stock Forecast: Up 3.1% Today

What is Vornado Realty Trust?

Vornado Realty Trust (NYSE: VNO) operates office and retail properties primarily in New York City.

Why is Vornado Realty Trust going up?

VNO stock is up 3.1% on Feb 11, 2025 15:36

• Quarterly dividends on preferred shares were announced, showcasing the company's financial stability and dedication to rewarding shareholders, potentially enhancing investor confidence in VNO.
• Dividends are commonly interpreted as a reflection of a firm's robust financial position and outlook, attracting higher investor attention and a positive shift in the stock's performance.
• The dividend declaration might have enticed new investors searching for income potential, playing a role in the favorable trajectory of VNO's stock.

VNO Price Chart

VNO Technical Analysis

VNO News

Vornado Declares Quarterly Dividends On Preferred Shares - Vornado Realty ( NYSE:VNO )

NEW YORK, Feb. 06, 2025 ( GLOBE NEWSWIRE ) -- Vornado Realty Trust VNO announced today that its Board of Trustees has declared the following quarterly preferred dividends: In each case, dividends are payable on April 1, 2025 to shareholders of record on March 17, 2025.

https://www.benzinga.com/pressreleases/25/02/g43543361/vornado-declares-quarterly-dividends-on-preferred-shares

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Vornado Realty Trust Price History

16.04.2024 - VNO Stock was down 5.9%

• In the latest quarter, Vornado Realty Trust had a mixed earnings report, highlighting robust leasing activity across its portfolio. This positive development should have lifted the stock price. However, concerns expressed in recent discussions may have contributed to a bearish trend among investors.
• Despite achieving a strong technical benchmark with an 80-plus RS rating, the market response may have been dampened by other factors, leading to the observed bearish movement.
• The blend of varied earnings performance and uncertain sentiment from analysts possibly overshadowed the favorable technical signal. Consequently, investors may have divested VNO shares, resulting in the decline of the stock price.

15.03.2024 - VNO Stock was down 5.2%

• The bearish movement in VNO stock today could be attributed to investors reacting negatively to the overall market sentiment towards certain individual stocks.
• Despite Vornado Realty Trust unveiling optimistic annual projections in its 2023 Annual Report, the broader narrative of market resilience does not seem to have extended to VNO stock.
• The release of the 2023 Sustainability Report may not have been enough to offset concerns about the company's performance amidst a backdrop of potential overvaluation and investor prioritization of financial fundamentals.
• The market's focus on purging toxic stocks and the lingering pessimistic sentiment towards certain companies could have contributed to the bearish movement in VNO stock today.

10.03.2024 - VNO Stock was down 5.3%

• VNO stock saw a downtrend in its value today.
• Despite revealing positive annual forecasts, Vornado Realty Trust faced challenges within the real estate industry.
• Investors are showing more interest in short selling real estate stocks due to concerns about rising interest rates affecting property values and specific economic pressures in certain market segments.
• These factors likely influenced the decline in VNO stock as investors responded to the prevailing pessimism towards the real estate sector.

12.05.2024 - VNO Stock was up 8.9%

• Vornado's retail joint venture completing a $400 million refinancing of a Manhattan property indicates financial stability and confidence in the market, potentially boosting investor sentiment.
• The completion of the refinancing with a fixed rate of 7.47% and maturity in 2029 suggests favorable terms, which could attract more investors to VNO.
• The high yield of 8.5% for the Series O Preferreds of Vornado Realty Trust might have also contributed to the bullish movement as investors seek higher returns in the current low-interest-rate environment.
• Overall, the positive news of refinancing and attractive yields on preferred shares likely drove the strong bullish movement in VNO's stock today.

15.04.2024 - VNO Stock was up 5.6%

• Vornado Realty Trust's bullish movement could be attributed to its recent earnings call focusing on leasing and liquidity, which likely reassured investors about the company's financial health and stability.
• The technical benchmark achievement of VNO with its Relative Strength Rating jumping into the 80-plus percentile may have attracted more investors seeking strong performing stocks.
• The insider buying activity at Urban Edge Props by Director Catherine Rice might have indirectly positively impacted Vornado Realty Trust's stock, indicating confidence in the real estate sector as a whole.
• Overall, the positive market sentiment towards Vornado Realty Trust, coupled with strategic focus on leasing and liquidity, contributed to the bullish movement of VNO today.

07.04.2024 - VNO Stock was down 6.0%

• Extension of one of Vornado's credit facilities sparked concerns among investors regarding the company's financial health and liquidity, leading to a downward trend in the stock.
• A net loss in the first quarter of 2024 may have added to investor unease, contributing to the decline in VNO shares.
• Despite the declaration of quarterly dividends on preferred shares, it may not have been enough to counterbalance the negative effects of the financial performance and credit facility extension, resulting in a bearish market movement for VNO.

29.04.2024 - VNO Stock was down 5.1%

• The bearish movement in VNO today could be attributed to the negative sentiment surrounding real estate stocks.
• The mention of "fierce interest rate speculation and inconsistent consumer sentiment" may have impacted VNO's stock negatively, as rising interest rates can make financing more expensive for real estate companies.
• Investors might be selling off VNO shares due to concerns about the cyclical nature of the real estate sector and the potential impact of economic uncertainty.
• The recommendation to sell real estate stocks in May could have influenced traders to offload their VNO holdings, contributing to the bearish movement.

12.06.2024 - VNO Stock was up 5.3%

• Vornado Realty Trust (VNO) saw a significant uptrend following an upgrade to a "sell" rating.
• While a "sell" rating might appear paradoxical, it could indicate that the stock was previously overpriced and is now considered a more appealing investment at a lower value.
• This upgrade likely stimulated optimism among investors, resulting in the uptick in VNO's stock price.
• It is recommended for investors to monitor how this upgrade impacts VNO's performance in the upcoming days and assess its compatibility with their investment strategies.

06.07.2024 - VNO Stock was up 11.7%

• Vornado Realty exceeded expectations for earnings per share (EPS) and revenue in the second quarter of 2024, surpassing analyst forecasts. This positive financial performance likely influenced the increase in VNO stock.
• Despite a decline in net income from the previous quarter, the market appeared more interested in the strong earnings and revenue results for Q2 2024.
• The joint venture of Vornado's retail sector engaging in a $350 million agreement with UNIQLO may have also contributed to heightened investor confidence in VNO stock, demonstrating savvy maneuvers in the premium real estate sector.
• Overall, the combination of robust financial outcomes and strategic business moves like the UNIQLO transaction likely propelled the rise in VNO stock today.

07.07.2024 - VNO Stock was down 5.0%

• Vornado Realty Trust (VNO) surpassed expectations in the second quarter, exceeding estimates for funds from operations (FFO) and revenue. However, a prevailing pessimistic market sentiment caused a decline in the stock price.
• Even though Vornado surpassed expectations in earnings per share (EPS) and revenue, its net income for the quarter decreased compared to the previous year, which may have sparked investor concerns.
• The overall decrease in total same-store net operating income (NOI) and the year-over-year revenue drop likely influenced the downward trend of VNO stock.
• Investors seem to be concentrating on the unfavorable aspects of the earnings report, such as the reduction in total same-store NOI and operating income, prompting a sell-off of Vornado Realty Trust shares despite the positive earnings outcomes.

05.07.2024 - VNO Stock was up 6.1%

• The rise in VNO stock today could be linked to investors' confidence ahead of the upcoming second-quarter earnings announcement.
• The company's decision to issue dividends on preferred shares may have also influenced positive investor sentiment, underscoring its dedication to rewarding shareholders.
• Despite the projected drop in revenues and FFO per share, the focus seems to be on Vornado Realty Trust's ability to withstand a slowing U.S. economy, as indicated in a recent report citing healthy job growth. This favorable assessment of the overall market conditions might be fueling VNO's stock performance.

11.01.2025 - VNO Stock was up 3.1%

• Quarterly dividends on preferred shares were announced, showcasing the company's financial stability and dedication to rewarding shareholders, potentially enhancing investor confidence in VNO.
• Dividends are commonly interpreted as a reflection of a firm's robust financial position and outlook, attracting higher investor attention and a positive shift in the stock's performance.
• The dividend declaration might have enticed new investors searching for income potential, playing a role in the favorable trajectory of VNO's stock.